https://www.taxtmi.com/caselaws?id=382988 The appeal involved the interpretation of voting rights under a Deed of Pledge of Securities and the validity of shareholders' rights in initiating the corporate insolvency resolution process under Section 10 of the Insolvency and Bankruptcy Code. The court affirmed that shareholders retained their voting rights despite provisions in the Deed of Pledge, emphasizing the necessity of shareholder approval for initiating insolvency proceedings. The appeal was dismissed, ruling in favor of shareholders' rights to decide on critical matters, with no costs awarded. en-us Tue, 04 Dec 2018 00:00:00 +0530 Mon, 15 Jul 2019 07:07:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382988 The appeal involved the interpretation of voting rights under a Deed of Pledge of Securities and the validity of shareholders' rights in initiating the corporate insolvency resolution process under Section 10 of the Insolvency and Bankruptcy Code. The court affirmed that shareholders retained their voting rights despite provisions in the Deed of Pledge, emphasizing the necessity of shareholder approval for initiating insolvency proceedings. The appeal was dismissed, ruling in favor of shareholders' rights to decide on critical matters, with no costs awarded. Case-Laws Insolvency and Bankruptcy Tue, 04 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382988